Private Equity

Buying Time: Continuation Funds Easing Private Equity Exits

An emerging option to extend portfolio company deadlines is gaining momentum, eclipsing go-public strategies or M&A.

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Natural Gas

EIA: NatGas Storage Withdrawal Eclipses 300 Bcf

The U.S. Energy Information Administration’s storage report failed to lift natural gas prices, which have spent the week on a downturn.

Unconventional

Hibernia IV Joins Dawson Dean Wildcatting Alongside EOG, SM, Birch

Hibernia IV is among a handful of wildcatters—including EOG Resources, SM Energy and Birch Resources—exploring the Dean sandstone near the Dawson-Martin county line, state records show.

Acquisitions & Divestitures

Camino Reportedly Seeking $2B Sale as Midcon M&A Heats Up

Oklahoma producer Camino Natural Resources—one of the Midcontinent’s largest private E&Ps—is reportedly exploring a sale in the range of $2 billion.

Tankers

Overbuilt Fleet of LNG Tankers Sinking Cargo Transport Rates

LNG shipping rates are at historic lows as a flooded transport market waits for projects to come online and more cargoes to move.

Earnings

Hess Corp. Bucks E&P Trend, Grows Bakken Production by 7%

Hess Corp. “continues to make the most of its independent status,” delivering earnings driven by higher crude production and lower operating costs, an analyst said.

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Oil and Gas Investor Magazine

Classic Rock, New Wells: Permian Conventional Zones Gain Momentum

Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.

Pickering Prognosticates 2025 Political Winds and Shale M&A